TRADERS FIELD RESEARCH

Free TradingView indicators, Pine Script and MT4/MT5 source: choose by purpose

Official sources reviewed ·

Choose an indicator by the question it answers, then inspect its implementation. The BSV reference catalogue contains 75 entries: 52 indicators, 3 strategies, 10 Expert Advisors, 8 trade managers, one script and one template. Its 34 TradingView entries consist of 31 indicators and 3 strategies. Some tools support both MT4 and MT5.

Find a source by purpose

Scroll the table sideways to read every column →

PurposeExisting BSV resourcesInspect first
Trend and moving averagesArnaud Legoux Moving Average
Moving Average Cross
Pine Script indicators and a crossover strategy.
Momentum and RSIAwesome Oscillator
RSI with Alert
Pine and MT4/MT5 examples; check the displayed value and alert timing.
Breakouts and volatilityBreakout Sniper
Bollinger Squeeze Advanced
Compare a strategy rule with an indicator calculation.
Price action and levelsPinbar Detector
Support & Resistance
Inspect candle and level rules rather than assuming a buy/sell signal.
Volume and profilesCumulative Volume Delta
Volume Profile
Market Profile
Check tick/real-volume assumptions and time-at-price differences.
Risk and trailing stopsPosition Sizer
ATR Trailing Stop
MT4/MT5 management tools can have order-changing behavior; inspect it.
Sessions and timeframe contextTrading Session Time
Supertrend Multi-Timeframe
Check session timezones and how higher-timeframe values update.

Free indicators versus a toolkit such as LuxAlgo

Compare the specific product, not just the brand: runtime, included tools, source access, modification rights, workflow and ongoing cost. LuxAlgo has a library alongside its toolkits; its Price Action Concepts page describes that product as closed-source and TradingView-exclusive. Consult the current product and license details.

BSV’s examples are independently authored reference code, not replicas of another vendor’s private products. A collection of free scripts does not automatically replace a paid screener, a multi-tool interface or support. Pick the required behavior and verify the relevant source.

LuxAlgo · Library · LuxAlgo · Price Action Concepts

Comparing AlgoAlpha, ChartPrime and Zeiierman

An AlgoAlpha alternative or ChartPrime alternative depends on what you want to replace: chart overlays, a strategy builder, source you can inspect, or an execution service. These providers offer TradingView-related tools; compare a named product with a specific research task.

Scroll the table sideways to read every column →

ProviderWhat its official information establishesCheck before choosing
AlgoAlphaPremium tools are invite-only TradingView scripts. Its free resources include open-source/community indicators and separate crypto analysis tools.Distinguish indicator access, Strategy Builder and signals. Review each script’s source and license; access to a paid tool is not delivery of its source.
ChartPrimeIts tool suite sits alongside individual free TradingView indicators. The author’s Volume Positive & Negative Levels page publishes code with an MPL-2.0 notice.That notice applies to that specific script. Check the selected tool’s access, data calculation and license rather than extending it to the full commercial suite.
ZeiiermanIts official documentation describes free indicators as well as invite-only bots and toolkits.Identify the exact script and its source-publication terms. A chart indicator, a backtested strategy and broker execution are separate capabilities.

BSV’s current reference catalogue does not contain these providers’ scripts. For source-based study of trend, momentum or risk calculations, start with the purpose table and the original authors listed there. Those examples are not feature-equivalent replacements for a premium suite, and BSV has not verified live performance.

What “free” includes

Public catalogue descriptions and provenance help you choose. BSV-hosted source view, copy and ZIP download require free email verification. Author-hosted sources link directly to their original distribution. Original licenses still apply. BSV does not mark these reference entries as compiled, runtime-tested or profitable.

How should crypto, forex or gold traders choose?

Use the actual symbol, feed, timeframe, tick size, volume field and session you intend to study. BTC, XAUUSD or NASDAQ in a query is not proof that a script has been validated on that market. First reproduce a small sample and inspect the source’s inputs.